Warner Bros. Discovery (WBD) EBIT (2009 - 2026)

Warner Bros. Discovery (WBD) posted EBIT of -$2.5 billion for Q1 2026, down 807.45% on a QoQ basis from $349.0 million in Q4 2025, and down 6572.97% year-over-year from $38.1 million in Q1 2025.

Warner Bros. Discovery (WBD) EBIT (2009 - 2026) Analysis & Trends

Warner Bros. Discovery's EBIT history runs 18 years deep, the most recent figure standing at -$2.5 billion for Q1 2026.

  • Quarterly EBIT fell 6572.97% year-over-year to -$2.5 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$1.7 billion (up 82.72% YoY) and the FY2025 annual result came in at $738.0 million, up 107.36% from the prior year.
  • EBIT was -$2.5 billion for Q1 2026 at Warner Bros. Discovery, down from $349.0 million in the prior quarter.
  • Across five years, EBIT topped out at $611.0 million in Q3 2025 and bottomed at -$10.2 billion in Q2 2024.
  • A 5-year average of -$1.2 billion and a median of -$185.0 million in 2025 frame the typical range for EBIT.
  • Annual changes were most pronounced in 2024 — EBIT jumped 189.69% — and 2026, when it tumbled 6572.97%.
  • Warner Bros. Discovery's EBIT stood at -$1.9 billion in 2022, then jumped by 90.39% to -$182.0 million in 2023, then jumped by 189.01% to $162.0 million in 2024, then soared by 115.43% to $349.0 million in 2025, then sank by 807.45% to -$2.5 billion in 2026.
  • Business Quant data shows WBD's EBIT at -$2.5 billion in Q1 2026, $349.0 million in Q4 2025, and $611.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Netflix 286.85 Bn 277.73 Bn 6.52 Bn 4.19 Bn
2 Walt Disney 176.45 Bn 177.38 Bn 10.75 Bn -10.63 Bn
3 Warner Bros. Discovery 71.03 Bn 68.89 Bn 4.25 Bn -2.47 Bn
4 Live Nation Entertainment 40.94 Bn 32.48 Bn 1.31 Bn -370.52 Mn
5 Liberty Media 29.72 Bn 29.06 Bn 298.00 Mn 64.00 Mn
6 Roku 20.90 Bn 18.52 Bn 564.94 Mn 51.77 Mn
7 TKO Group Holdings 20.86 Bn 19.17 Bn 862.52 Mn 338.48 Mn
8 Fox 20.85 Bn 17.36 Bn - 325.00 Mn
9 News 16.48 Bn 15.01 Bn - 214.00 Mn
10 Sirius Xm Holdings 10.04 Bn 9.96 Bn 2.09 Bn 454.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -2.47 Bn
Dec 31, 2025 349.00 Mn
Sep 30, 2025 611.00 Mn
Jun 30, 2025 -185.00 Mn
Mar 31, 2025 -37.00 Mn
Dec 31, 2024 162.00 Mn
Sep 30, 2024 281.00 Mn
Jun 30, 2024 -10.21 Bn
Mar 31, 2024 -267.00 Mn
Dec 31, 2023 -182.00 Mn
Sep 30, 2023 97.00 Mn
Jun 30, 2023 -906.00 Mn
Mar 31, 2023 -557.00 Mn
Dec 31, 2022 -1.89 Bn
Sep 30, 2022 -2.19 Bn
Jun 30, 2022 -3.64 Bn
Mar 31, 2022 353.00 Mn
Dec 31, 2021 508.00 Mn
Sep 30, 2021 329.00 Mn
Jun 30, 2021 779.00 Mn